Marino Stram & Associates LLC Has $3.14 Million Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Marino Stram & Associates LLC boosted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,363 shares of the company’s stock after buying an additional 825 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 0.7% of Marino Stram & Associates LLC’s holdings, making the stock its 26th biggest position. Marino Stram & Associates LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,140,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SpiderRock Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $629,000. EdgeRock Capital LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% in the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after buying an additional 3,371 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 7.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock valued at $57,937,000 after purchasing an additional 43,846 shares during the period. Thrivent Financial for Lutherans boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock valued at $19,494,000 after purchasing an additional 1,785 shares during the period. Finally, Gateway Wealth Partners LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 4.8% in the 2nd quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock valued at $4,201,000 after purchasing an additional 2,304 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $90.66 on Thursday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm has a fifty day moving average price of $91.04 and a two-hundred day moving average price of $90.07. The company has a market cap of $26.56 billion, a PE ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Profile

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.